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1 pts Question 23 The Ramirez Company's last dividend was $1.6. Its dividend growth rate is expected to be constant at 25% for 2 years,

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1 pts Question 23 The Ramirez Company's last dividend was $1.6. Its dividend growth rate is expected to be constant at 25% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (r.) is 11%. What is the best estimate of the current stock price? $38.06 $40.99 O $35.14 $43.92 O $46,85

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